PEN 4.76% 11.0¢ peninsula energy limited

I haven't traded options much, but I've read in a couple of...

  1. 681 Posts.
    I haven't traded options much, but I've read in a couple of places that rises in the option price often precedes a rise in the heads. Does anyone know if that's generally true, and why?

    I would have expected options to follow the heads rather than to lead them, since the value of the option depends on the value of the head plus a time value.

    dt
 
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